Aon Benfield highlights uncertainty for reinsurers

A derailed "covered agreement", substantial US tax
reforms and/or the failure to resolve the assignment of benefits
(AOB) crisis in Florida could all disrupt the American reinsurance
market, according to a report from Aon Benfield.
The company said in a summary today (11 April) that in global
terms market participants on an aggregate basis produced an 8.4
percent return on equity in 2016, while the industry-wide combined
ratio stood at 93.5 percent for the year.
But looking at underwriting profi